American Funds Buy or Sell Recommendation

Macroaxis provides American Funds New Economy R3 buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding American Funds positions. The advice algorithm takes into account all of American Funds New Economy R3 available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from American Funds buy-and-hold prospective. Additionally take a look at American Funds Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Execute Advice
American Funds New Economy R3 -- USA Fund  

USD 47.73  0.14  0.29%

Assuming 30 trading days horizon, and your above average risk tolerance our recommendation regarding American Funds New Economy R3 is 'Hold'.
For the selected time horizon American Funds New Economy R3 has a risk adjusted performance of 0.0772, jensen alpha of 0.051, total risk alpha of 0.0709, sortino ratio of 0.0 and treynor ratio of 0.34
Macroaxis buy, hold, or sell recommendation tool can be used to complement American Funds buy or sell advice provided by experts. It analyzes the fund potential to grow against your specific risk preferences and investment horizon. Use American Funds New Number of Employees and Ten Year Return to make sure your buy or sell decision on American Funds New is adequate.

Returns Distribution Density

Mean Return0.064252Value At Risk1.4
Potential Upside1.80Standard Deviation0.87
 Return Density 

American Funds Greeks

Alpha over DOW
Beta against DOW=0.16
Overall volatility
Information ratio =0.0857

American Funds Volatility Alert

American Funds New Economy R3 exhibits very low volatility with skewness of 0.07 and kurtosis of 1.12. However, we advise investors to further study American Funds New Economy R3 technical indicators to make sure all market info is available and is reliable.
 Better Than Average     
 Worse Than Average Compare American Funds to competition
FundamentalsAmerican FundsPeer Average
Price to Earning22.08 times7.60 times
Price to Book2.61 times1.04 times
Price to Sales1.34 times1.03 times
One Year Return(0.48) % 2.30 %
Three Year Return21.24 % 3.97 %
Five Year Return1.01 % 1.27 %
Ten Year Return5.00 % 1.17 %
Net Asset20.12 B1.37 B
Minimum Initial Investment2508.09 M
Cash Position Weight9.27 % 14.48 %
Equity Positions Weight90.73 % 40.68 %


Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Currently Unavailable

Financial Leverage

Risk Adjusted Performance0.0772
Market Risk Adjusted Performance0.33
Mean Deviation0.5144
Coefficient Of Variation1359.61
Standard Deviation0.8736
Information Ratio0.0857
Jensen Alpha0.051
Total Risk Alpha0.0709
Treynor Ratio0.34
Maximum Drawdown3.57
Value At Risk1.40
Potential Upside1.8